OFF MARKET

8/5 Garran Place
Garran ACT 2605

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 1201m2
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Property Details for 8/5 Garran Pl, Garran

8/5 Garran Pl, Garran is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 1201m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1974
Floor Size
51m2
Land Size
1201m2
Local Government
Woden Valley
Lot/Plan
GARRAN: Block 9, Section 36, Unit 8

Last Listing description (August 2022)

As you enter this light filled, top story abode you are instantly drawn to the enticing westerly views over the Brindabella's and an oversized renovated balcony big enough to enjoy the outlook, a BBQ and an abundance of greenery should you wish.

Freshly painted and brand new carpet throughout, not only can you move in immediately, with the split system heating and cooling unit in the main lounge you are provided immediate and year-round comfort.

A tastefully renovated kitchen including modern colour scheme, hybrid flooring and a large window looking towards red hill reserve ensures you can enjoy the morning sun while cooking your breakfast. A Westinghouse electric oven and cooktop compliments the functional space while the separate laundry area has been renovated to match.

A functional, spacious bathroom services the apartment and includes a shower, separate bathtub and mirrored cabinets. The main bedroom has floor to ceiling built in robes, built in drawers and a makeup bench with a full size mirror. The picturesque view of the Brindabella's is captured through the wall of windows and provides direct access to the balcony.

A designated carport at the base of the stairs to enter this apartment provides ease after a long days work, while the location is no doubt the draw card of this apartment offering ultimate convenience. Only a matter of meters to the Garran shopping precinct which include medical facilities, a chemist, superb grocer, bakery, coffee shop and more, this is sure to impress the hard working, time poor buyer. The ever-developing Canberra hospital only 1.5km from your door, it would be understandable that an employee would relish in the ability to leave the car at home and stroll to work each day or be only a few minutes' drive when on call.

With Woden so close, public transport to all corners of the ACT easily accessible and a scarce amount of property in the 2605 postcode as good, this truly is an opportunity not to be missed. Visit one of our upcoming open homes or contact your agents today for a private inspection, do not delay.

Features:

Top story apartment with large balcony and views
Spilt system A/C in lounge area
Updated kitchen
Exceptional location close to Canberra Hospital, Woden and stone throw from Garran shops
Good rental return

Outgoings

Land Tax (if rented out): $800 p/qtr (approx.)
Body Corporate: $1,250 p/qtr (approx.)
Rates: $618 p/qtr (approx.)
Water: $171.56 p/qtr (approx.)

Living Area: 51m2 (approx.)
Balcony: 13m2 (approx.)
Year of development: 1974
EER: 0.0

Property History for 8/5 Garran Pl, Garran, ACT 2605

A timeline of how this property has performed in the market
Last Sold
$377,000
22 Aug 2022
Listed for Rent
$330/w
27 May 2020
  • 22 Aug 2022
    Sold for $377,000
  • 21 Jul 2022
    Listed for Sale Under Offer
  • 12 May 2020
    Listed for Rent $330 / week
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About Garran 2605

The size of Garran is approximately 2.7 square kilometres. It has 10 parks covering nearly 36.6% of total area. The population of Garran in 2011 was 3,198 people. By 2016 the population was 3,492 showing a population growth of 9.2% in the area during that time. The predominant age group in Garran is 40-49 years. Households in Garran are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Garran work in a professional occupation. In 2011, 64.7% of the homes in Garran were owner-occupied compared with 64.3% in 2016.

Garran has 1,464 properties. Over the last 5 years, Houses in Garran have seen a 40.72% increase in median value, while Units have seen a 18.25% increase. As at 31 October 2024:

  • The median value for Houses in Garran is $1,472,687 while the median value for Units is $740,215.
  • Houses have a median rent of $815 while Units have a median rent of $663.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Garran on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Garran.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.